To the end that provision be made for the adequate payment of the principal of and interest on the bonds, the board shall be empowered as follows: (1) To immediately establish a bond reserve fund for the college for whom bonds are to be issued. (2) To impose a special student fee, in addition to all other fees and charges, upon each person at such college under such conditions as the board shall determine.
‹ Prev All South Carolina sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.